Cheniere Winning the Natural Gas Race
The news out of Australia’s natural gas industry is truly depressing—for Australia’s natural gas industry. But that bad news is actually extremely positive for Cheniere Energy (NYSEAMEX:LNG) the US company that remains on schedule to have the first liquefied natural gas plant certified to export cheap US gas up and running by 2015. The problem for Australia’s natural gas industry as it is for Australia’s coal industry right now is cost. The country has so many liquefied natural gas projects under construction that it could take over the top spot from Qatar as the world’s biggest exporter of liquefied ...
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